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Brexit: PM To Call The Whole Thing Off?

William Hill are offering just Even money that the UK holds another EU referendum before the end of 2020 and just 5/4 that Article 50 is revoked before the Brexit date at the end of March.

Initially offered at 50/1 the day after the EU referendum, the likelihood of a second referendum has been backed continuously over the last two years and the price, which was as big as 12/1 just six weeks ago has tumbled considerably.

“The Prime Minister has faced hurdle after hurdle over the last two years and as a result, our punters clearly think she may call the whole thing off,” said William Hill spokesman Joe Crilly.

Will there be another EU referendum in the UK before the end of 2020: 8/11 no; Evens yes

Withdrawal agreement to be approved by parliament before 30/3/19: 4/11 no; 2/1 yes

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The latest odds from William Hill suggest that Theresa May has not got a cat in hell’s chance of getting the Brexit bill through Parliament on January 15th and it is 1/7 that she loses the vote. Hills have set the spread at 237 votes (10/11 less than, 10/11 238 or more) well short of the 320 required to pass the bill.
“There are only so many times that you can drag yourself off the canvas and things are looking bleak for Theresa May,” said William Hill spokesman Rupert Adams. “The odds suggest she is going to fail by around eighty votes.”
UK Parliament To Approve EU Withdrawal Agreement in January 2019: 1/7 No, 4/1 Yes
January 15th Vote: 10/11 237 or less, 10/11 238 or more
Withdrawal Agreement To Be Approved By UK Parliament Before 30/03/19: 4/11 No, 1/1 Yes
2/1 UK to revoke Article 50 before 29/03/19
UK to have second EU referendum before end of 2020?: 8/15 No, 11/8 Yes
Year Theresa May Leaves Office As PM: 2/7 2019, 9/2 2020, 12/1 2021, 10/1 2022 or later

The latest odds from William Hill suggest that should there be a Confidence vote in the Prime Minister, Theresa May will come out on top at 2/5. As a result Hills have reopened their betting on the year she leaves office and 2018 has drifted from 1/3 to 7/4.